Fixed mortgage rates are once again falling to record lows.
Fixed mortgage rates are once again heading to historically low levels making now a good time to look for a new deal.
With news that the base rate is likely to remain at 0.5% until 2017, some lenders have begun to release more cheap new deals.
The Post Office has for example launched a 2 year fix at 1.15% for 60% LTV, the fee though is set at £1,995. As large fees will significantly affect the over all affordability of any mortgage deal, you are strongly advised to consider more than just the headline rate when reviewing an offer.
It is essential to review mortgage products on a 'like for like' basis to ensure you end up with the product which is most competitive over all.
If you would like independent advice and a 'whole of market' mortgage search to find a competitive product at your deposit level, call us at Deal Direct.
Our impartial advisers are here to take your call and are dedicated to always finding the best deals market-wide.
Speak to us on 0800 048 8828 and let us find a low rate mortgage for you.
